OpenAI cuts funding target by $10 billion, now seeking $20 billion at $1.25 trillion valuation
OpenAI has slashed the target for its latest funding round by $10 billion and is now seeking to raise about $20 billion at a $1.25 trillion valuation, amid mounting tech anxieties and a broader tech rout.
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Timeline · 3 reports
- 2026-10-31 02:35 · Economic Times Tech
OpenAI cuts funding target by $10 billion: FT - 2026-10-31 00:17 · Reuters AI
OpenAI slashes funding target by $10 billion amid tech rout, FT reports - 2026-10-31 00:05 · Financial Times AI
OpenAI slashes funding target by $10bn as tech anxieties mount